(Doesn’t work on mobile fyi, and a bit glitchy on Safari and Firefox, but works great on Chrome)

FI Checkpoint Questions:

Do you have a regular income?

Is this income greater than your expenses?

Do you have a three-month emergency fund?

Do you have any rolling credit card debt?

Do you have any overdraft debt?

Do you have any vehicle finance?

Do you have any other consumer debts excluding mortgage?

Do you have a six-month emergency fund?

Do you have a one-year emergency fund?

Do you have an emergency fund of two or more years?

Do you have any student loans?

Do you have any mortgage debt (excluding income producing properties)?

Is your passive income at least 25% of your expenses?

Is your passive income at least 50% of your expenses?

Is your passive income at least 75% of your expenses?

Is your passive income at least 90% of your expenses?

Is your passive income at least 100% of your expenses?

Is your passive income at least 1.25x your expenses?

Is your passive income at least 2x your expenses?

Is your passive income at least 10x your expenses?

Checkpoint Key:

(Click to learn/read more)

Checkpoints 7 and up are basically dependent on how you answer all the passive income questions in that second half of the list there.

Which is the point I failed to advance since the only truly passive income I get comes from my retirement accounts that don’t quite reach 25% of my expenses yet… And apparently you’re not allowed to tap any of the actual *funds* to live off in this game 😉

Now I could just stop blogging here and watch the pennies trickle in over time without ever lifting another finger (if anyone tells you blogging is passive, punch them in their keyboard!!), but for now I’ll embrace my Checkpoint #6 and consider it a challenge to rise up the ranks…

It’s no fun being perfect anyways, right? 🙂

If you wanna give it a shot here’s the link again, and then be sure to come back and let us know how you did… Maybe it’ll give you some much needed motivation over the weekend? Or a nice pat on the back?

‘Till Monday…

********[Prefer to get these blog posts *weekly* instead of daily? Sign up to my new weekly digest here, and get other thoughts on life/business/money as well: jmoney.biz/newsletter]